https://www.taxtmi.com/caselaws?id=357659 The High Court quashed the order rejecting the application for compounding under section 279 of the Income Tax Act, 1961, due to non-payment of fees, as the petitioners were not given a fair opportunity to explain. The court emphasized adherence to Central Board of Direct Taxes guidelines, directing the Revenue to follow specified steps. The petitioners' application was restored for further proceedings, ensuring compliance with the law and procedural fairness. The judgment stressed the importance of following CBDT instructions and providing adequate time for parties to address non-compliance issues. en-us Fri, 23 Mar 2018 00:00:00 +0530 Tue, 27 Mar 2018 09:22:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357659 The High Court quashed the order rejecting the application for compounding under section 279 of the Income Tax Act, 1961, due to non-payment of fees, as the petitioners were not given a fair opportunity to explain. The court emphasized adherence to Central Board of Direct Taxes guidelines, directing the Revenue to follow specified steps. The petitioners' application was restored for further proceedings, ensuring compliance with the law and procedural fairness. The judgment stressed the importance of following CBDT instructions and providing adequate time for parties to address non-compliance issues. Case-Laws Income Tax Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357659